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100 FAQ's on Basic Finance

Module Units

What care should you take while investing?

  • Evaluate your risk profile- Evaluate your risk profile because it will help you in selecting the right investment product.
  • Pay off debts and maintain an emergency fund- Pay off your debts first and have an emergency fund to deal with any critical situation.
  • Having a portfolio mix of investments- Have a portfolio with the right mix of investments to have better-risk-adjusted returns.
  • Investing regularly- You should invest regularly with the same amount to take advantage of the power of compounding.
  • Adequate insurance coverage- One should be adequately covered with insurance before investing.

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